Wk2:Chap2 - Data Governance & IT Architecture Support Long-Term Performance Flashcards
Data governance?
The control of enterprise data through formal policies and procedures
Enterprise architecture?
Guide for information systems, digital technology and business processes
High quality data?
Trusted and accessible on demand
What is Information Management?
- use of IT tools and methods to collect, process, consolidate, store and secure data from sources that are often fragmented and inconsistent.
Key Performance Indicators (KPIs)
Present data in easy-to-comprehend and comparison-ready formats.
These measures demonstrate the effectiveness of a business process at achieving organisational goals.
Data silos?
Stand alone data stores not accessible by other info systems that need data.
- sourcing silos : parts replenish, procuring
- operations silos: design, build, ship
- customer-facing silos: sales, fulfilment, billing, support
Enterprise Architecture and Data Governance?
Enterprise architecture (EA) Core set of information systems and business processes that execute the transactions that keep the business performing.
Enterprise Architecture is measured (for example) as:
- ROI
- Customer Satisfaction
- Low employee turnover
- Speed to market
Enterprise Architecture comments (4)
- Business architecture
- Application Architecture
- Data architecture
- Technical architecture
Industries dependant in governance (3)
- food industry
- financial services industry
- healthcare industry
Master Data & Management (MDM)
Creates high-quality trustworthy data.
Strong data governance is needed to manage the availability, usage, integrity and security of the data throughout the enterprise.
Information systems: the basics (3)
- Data: describes products, customers, events, activities and transactions that are recorded, classified and stored.
- Information: is processes, organised, or put into context data with meaning and value to the recipient.
- Knowledge: is conveyed information as applied to a current problem or activity.
Input-processing-output Model
Input> processing> output> communication
Output > storage
Transaction Processing systems (TPS)
- International transactions: originate or occurs within the organisation
- External transactions: originate outside the organisation
Batch processing ?
Collects all transactions for a time period, then processes the data and updates the data store